Sara Lee
Sara Lee to Split Into Two Businesses
8:25AM 1/28/2011
Sara Lee Corp. (SLE) is splitting into two public companies, completing a long series of moves that took the company from a conglomerate to a smaller business focused on food.
One business will concentrate on meat and food service while the other is centered on coffee and baked goods.
The company...
10 American Companies That Will Disappear in 2011
10:00AM 1/18/2011
24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn't take long to come up with a list of familiar names such as Sara Lee, Office Depot, Borders, E*Trade and five others.
Sara Lee Attracts Buyout Interest from Apollo-Led Group, JBS
10:45AM 1/10/2011
Bidders may be lining up for Sara Lee as private equity firm Apollo assembles an investor group to explore a possible offer and Brazilian meat-processor JBS considers coming back with a better deal.
Food and beverage company Sara Lee (SLE) has been in discussions to sell itself to Brazilian meat company JBS.
Talks have been taking place intermittently for several months, Reuters reported without naming its sources. The companies have disagreed over the price of Sara Lee and it is not clear...
Unilever Gets Approval to Buy Sara Lee Unit
7:46AM 11/17/2010
Consumer goods company Unilever (UL) won approval from the European Union to buy Sara Lee Corp's (SLE) shower gel and European detergents business.
Unilever agreed to sell off the Sanex deodorant and body-wash brands in the region as part of the deal, Bloomberg News reported. The sale allays...
Sara Lee's Bakery Unit Goes to Grupo Bimbo for $959 Million
9:30AM 11/09/2010
Sara Lee's sale of its North American Bakery business to Mexico's Grupo Bimbo is now fully baked. The company officially announced the deal today, saying it will allow Sara Lee to "aggressively invest in our core protein and coffee businesses."
Bake Sale: Sara Lee Close to Selling Unit to Grupo Bimbo
10:35AM 11/08/2010
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion.
Sara Lee Shares Soar on Reports it Spurned KKR Offer
10:01AM 10/04/2010
Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.
Sara Lee CEO Brenda Barnes will step down permanently from her position as chairman and CEO officer to focus on improving her health. Barnes had been on temporary medical leave since May 14 after suffering a stroke.
Five Super Savings: Honey Bunches of Oats, Vaseline lotion, Chex Mix and more ... free!
1:30PM 9/30/2009
Welcome to Five Super Savings brought to you by Deal Seeking Mom. Each week I bring you the best grocery and health and beauty bargains around town.
I've got some fantastic deals to share this week – everything from free cereal to board games for $0.99! And the best part is they almost all...
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